ECOtality Sued By Investor

August 22nd, 2013 by Zach

Yikes, the bad news just keeps rolling in for ECOtality. One of the “leading” electric vehicle charging station companies just recently revealed that it’s at risk of going bankrupt. It has had some major EV charging station technical difficulties (see above) and its awarded DOE loan payments have been put on hold. Now, ECOtality is also being sued. It looks pretty nasty. Here’s more:

ECOtality, Inc. Sued by Investor (via PR Newswire)

Download image Robbins Arroyo LLP. (PRNewsFoto/Robbins Arroyo LLP) SAN DIEGO and SAN FRANCISCO, Aug. 20, 2013 /PRNewswire/ — Shareholder rights attorneys at Robbins Arroyo LLP announce that an investor of ECOtality, Inc. (NASDAQ: ECTY) (“ECOtality”)…

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Tags: ecotality, ECOtality investors, stocks

About the Author

Zach is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009. Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.